Peer's Bike store sold 50 bikes more than Cycles R Us bikes store.
Exponential function:
- An exponential function is defined by the expression,
[tex]y(t)=y_0(1+r)^t[/tex]
Where, [tex]y(t)=[/tex] Final value
[tex]y_0=[/tex] Initial value
[tex]r=[/tex] rate of increase
[tex]t=[/tex] Time or duration
Given in the question,
- Exponential function representing the bikes sold at Peer's Bike store,
[tex]y(t)=150(1.3)^t[/tex]
At t = 0,
[tex]y(0)=150(1.3)^0[/tex]
[tex]y(0)=150[/tex]
- Graph representing the function for the bikes sold at Cycles R Us bikes store,
[tex]y(t)=y_0(1+r)^t[/tex]
From the graph attached,
At t = 0 , [tex]y_0=100[/tex]
Difference in the bikes sold at Peer's Bike store and Cycles R Us bikes store = [tex]150-100[/tex]
= [tex]50[/tex]
Therefore, 50 more bikes were sold at Peer's Bike shop than at Cycles R Us store.
Learn more about the exponential function here,
https://brainly.com/question/2193820?referrer=searchResults